5 Minute Scalping Strategy **HIGHEST WIN RATE**
Loses money
No edge after realistic trading costs
- trades tested
- 2,944
- per trade after costs
- -2.53bp
- winners
- 33%
- years of data
- 14.8
AUDUSD 5-minute trend scalp in the London session: trade only with the trend (price above the 200 SMMA with the 21/50/200 SMMAs stacked up, mirror for shorts), enter at the close of a bullish engulfing or three-line-strike candle while RSI is above 50 and rising. Stop is twice the entry candle's length, target 2:1, one trade a day.
The exact rules we tested
- 01Instrument: AUDUSD | Signal timeframe: 5m | Direction: both
- 02Session: 08:00-13:00 (Europe/London), positions may hold overnight
- 03At most 1 trade(s) per day
- 04LONG when: ((close > open) AND (c1 < o1) AND (close > o1) AND (open <= c1)) OR ((close > open) AND (c1 < o1) AND (c2 < o2) AND (c3 < o3) AND (close > o1))
- 05SHORT when: ((close < open) AND (c1 > o1) AND (close < o1) AND (open >= c1)) OR ((close < open) AND (c1 > o1) AND (c2 > o2) AND (c3 > o3) AND (close < o1))
- 06Long filter: (close > ma200) AND (close > ma21) AND (close > ma50) AND (ma21 > ma50) AND (ma50 > ma200) AND (rsi14 > 50) AND (rsi14 rising over 1 bars)
- 07Short filter: (close < ma200) AND (close < ma21) AND (close < ma50) AND (ma21 < ma50) AND (ma50 < ma200) AND (rsi14 < 50) AND (rsi14 falling over 1 bars)
- 08Entry: market at the signal bar's close
- 09Stop: at the stopl (longs) / stops (shorts) level
- 10Target: 2.0R (risk-multiple of stop)
- 11Entry fills at the signal bar's close (market-on-close)
- 12Where rng = high minus low
- 13Where rng2 = rng times 2
- 14Where stopl = close minus rng2